OpenAI-backed Thrive Holdings acquires ADT
OpenAI-supported investment vehicle agrees $15.3 billion buyout of residential security firm.
Thrive Holdings, an investment vehicle backed by OpenAI, has struck an agreement to acquire residential security provider ADT in a transaction valued at $15.3 billion. The buyers intend to integrate artificial intelligence technologies into the domestic protection sector following the takeover.
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This summary was written by the GPU Data Hub desk from reporting published by TechCrunch on 29 Oct 2026, 19:56. Read the full article at the original publisher.
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